Analysis Article • Jun 07
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Indian (NIFTY) Electronic Equipment and Instruments Industry Analysis
UpdatedJun 11, 2026
DataAggregated Company Financials
Companies21
- 7D2.2%
- 3M51.0%
- 1Y-7.4%
- YTDn/a
Over the last 7 days, the Electronic Equipment and Instruments industry has risen 3.9%, driven by gains from Honeywell Automation India of 4.0%. In the past year, the industry is down 9.5%. As for the next few years, earnings are expected to grow by 24% per annum.
Industry Valuation and Performance
Has the Indian Electronic Equipment and Instruments Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 11 Jun 2026 | ₹891.7b | ₹166.0b | ₹17.6b | 36.6x | 50.7x | 5.4x |
| Sat, 09 May 2026 | ₹731.8b | ₹151.5b | ₹16.1b | 34.4x | 45.5x | 4.8x |
| Mon, 06 Apr 2026 | ₹570.4b | ₹151.4b | ₹16.0b | 22x | 35.5x | 3.8x |
| Wed, 04 Mar 2026 | ₹606.2b | ₹156.2b | ₹16.3b | 22.9x | 37.2x | 3.9x |
| Fri, 30 Jan 2026 | ₹590.6b | ₹146.4b | ₹15.0b | 23.9x | 39.5x | 4x |
| Sun, 28 Dec 2025 | ₹614.7b | ₹144.0b | ₹14.7b | 25.6x | 41.7x | 4.3x |
| Tue, 25 Nov 2025 | ₹663.7b | ₹143.9b | ₹14.7b | 29x | 45.1x | 4.6x |
| Thu, 23 Oct 2025 | ₹640.1b | ₹133.2b | ₹15.5b | 33.4x | 41.3x | 4.8x |
| Sat, 20 Sep 2025 | ₹651.6b | ₹131.6b | ₹15.4b | 35x | 42.3x | 4.9x |
| Mon, 18 Aug 2025 | ₹608.8b | ₹130.5b | ₹15.3b | 34.8x | 39.9x | 4.7x |
| Wed, 16 Jul 2025 | ₹526.9b | ₹92.2b | ₹10.8b | 42.3x | 48.7x | 5.7x |
| Fri, 13 Jun 2025 | ₹502.8b | ₹90.3b | ₹10.7b | 38.6x | 47x | 5.6x |
| Sun, 11 May 2025 | ₹425.5b | ₹82.5b | ₹8.7b | 43.2x | 48.8x | 5.2x |
| Tue, 08 Apr 2025 | ₹407.4b | ₹82.5b | ₹8.7b | 40.2x | 46.8x | 4.9x |
| Thu, 06 Mar 2025 | ₹424.3b | ₹82.5b | ₹8.7b | 44.6x | 48.7x | 5.1x |
| Sat, 01 Feb 2025 | ₹666.4b | ₹83.8b | ₹9.9b | 62.2x | 67.3x | 8x |
| Mon, 30 Dec 2024 | ₹752.1b | ₹83.7b | ₹10.0b | 70.5x | 75.6x | 9x |
| Wed, 27 Nov 2024 | ₹715.6b | ₹85.3b | ₹10.1b | 69.5x | 70.7x | 8.4x |
| Fri, 25 Oct 2024 | ₹773.2b | ₹77.6b | ₹9.1b | 83.4x | 84.8x | 10x |
| Sun, 22 Sep 2024 | ₹766.0b | ₹76.2b | ₹9.0b | 89.9x | 85.2x | 10x |
| Tue, 20 Aug 2024 | ₹775.0b | ₹76.2b | ₹9.0b | 63.1x | 85.7x | 10.2x |
| Thu, 18 Jul 2024 | ₹768.4b | ₹72.8b | ₹8.3b | 65.6x | 93x | 10.6x |
| Sat, 15 Jun 2024 | ₹744.1b | ₹71.0b | ₹8.2b | 73.5x | 91.2x | 10.5x |
| Mon, 13 May 2024 | ₹623.6b | ₹67.4b | ₹11.8b | 44.7x | 52.7x | 9.3x |
| Wed, 10 Apr 2024 | ₹591.3b | ₹66.7b | ₹11.7b | 38.7x | 50.5x | 8.9x |
| Fri, 08 Mar 2024 | ₹532.2b | ₹66.7b | ₹11.7b | 38.7x | 45.4x | 8x |
| Sun, 04 Feb 2024 | ₹560.6b | ₹65.2b | ₹11.8b | 41.8x | 47.4x | 8.6x |
| Tue, 02 Jan 2024 | ₹511.4b | ₹64.6b | ₹11.6b | 42.8x | 44x | 7.9x |
| Thu, 30 Nov 2023 | ₹492.1b | ₹64.6b | ₹11.6b | 33.4x | 42.4x | 7.6x |
| Sat, 28 Oct 2023 | ₹487.3b | ₹59.5b | ₹10.7b | 36x | 45.3x | 8.2x |
| Mon, 25 Sep 2023 | ₹526.5b | ₹59.1b | ₹10.7b | 36.8x | 49.3x | 8.9x |
| Wed, 23 Aug 2023 | ₹502.4b | ₹52.4b | ₹10.4b | 57.9x | 48.1x | 9.6x |
| Fri, 21 Jul 2023 | ₹493.6b | ₹49.8b | ₹9.8b | 29.2x | 50.4x | 9.9x |
| Sun, 18 Jun 2023 | ₹453.4b | ₹49.9b | ₹9.8b | 31x | 46.3x | 9.1x |
Price to Earnings Ratio
46.3x
Current Industry PE
- Investors are pessimistic on the Indian Electronic Equipment and Instruments industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 50.4x which is lower than its 3-year average PE of 53.7x.
- The 3-year average PS ratio of 7.2x is higher than the industry's current PS ratio of 5.3x.
Past Earnings Growth
- The earnings for companies in the Electronic Equipment and Instruments industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 49% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Electronic Equipment and Instruments compare with similar industries?
| IN Market | -1.22% | |
| Tech | -3.92% | |
| Electronic Equipment and Components | 0.25% | |
| Electronic Equipment and Instruments | 2.24% | |
| Electronic Manufacturing Services | 0.33% | |
| Technology Distributors | -3.08% | |
| Electronic Components | -6.99% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 517174 Honeywell Automation India | ₹36.09k | 4.0% +₹12.2b | -7.0% | PE60.8x | |
| CPPLUS Aditya Infotech | ₹3.44k | 2.0% +₹8.0b | n/a | PE110x | |
| KERNEX Kernex Microsystems (India) | ₹1.92k | 2.5% +₹789.7m | 51.2% | PE36.6x | |
| RISHABH Rishabh Instruments | ₹533.80 | 2.2% +₹441.4m | 73.2% | PE25.2x | |
| 544741 Highness Microelectronics | ₹164.00 | 19.1% +₹135.8m | n/a | PE20.6x |
